Disbursements

Authorized Aid

Lansing Community College will hold the student's tuition and fees on account
until enrollment is verified and financial aid is disbursed to the student
account. If the student's aid is greater than the total tuition and fees for the
semester, the student may qualify for a book advance.

Book Advance

Students may receive a Book Advance up to $600 prior to the start of the
semester. The Book Advance will allow students to purchase books and supplies as
early as one week before the semester begins. The Book Advance is calculated by
subtracting tuition and fees from the amount of authorized aid (based on
enrollment level) up to a maximum Book Advance of $600.

Disbursements

Students will receive any remaining financial aid funds (except loans) during
the fourth week of the semester. Students should refer to
myLCC for specific dates of when financial aid
will be disbursed.

Loan Disbursements

Students will receive loan funds in two disbursements for a one-semester loan
and four disbursements for a two-semester loan. Students should refer to their
myLCC for specific dates of when their loans will be disbursed.

This process helps our students by:

Providing funds for books and supplies prior to the start of the
semester.

Assisting with budgeting and planning for the entire semester.

Increasing student success.

Decreasing the amount of student loan defaults.

Ensuring financial aid is based on actual enrollment.

Following the proven path of all other community colleges.

Meeting new federal financial aid accountability requirements.

Saving college resources to help keep tuition low.

Refunds

The Student Finance Office controls the refund process at Lansing Community
College. Once a student's financial aid is disbursed, and if the amount of the
student's financial aid exceeds tuition, fees, and other institutional charges
on the student account, the student is entitled to a refund. All refunds,
including the Book Advance, are issued electronically to the student's Lansing
Community College Debit Card (activation required) via Higher One or direct
deposit to a personal bank account. Students will need to plan ahead for other
expenses such as rent, transportation, and child care for the first four weeks
of the semester.

Please visit the
Student Finance Office for details, frequently asked questions, and other
helpful information on the LCC Refund Process.